270:, Deane led those elements within the Reserve Bank calling for a devaluation of the New Zealand dollar. Speculation on international markets that the incoming New Zealand government would devalue the currency led to the Reserve Bank needing to defend the fixed currency in the markets, causing losses of hundreds of millions of dollars. The defeated Prime Minister, Muldoon, refused to devalue the currency; a constitutional crisis ensued, during which the incoming Government directed Muldoon to devalue. During the crisis, Deane took the unprecedented step of closing the New Zealand currency to international trading pending settlement of the dispute.
420:
47:
298:. He also oversaw a range of other reforms to the public sector, including changes in the wage determination processes to liberalise these, the re-organization of the public service to reduce substantially the number of public servants and to improve the efficiency of many government departments, and changes designed to improve the clarity of
407:
Deane occupied over many years senior positions in the IHC, including that of
President, and oversaw a period of great change for people with an intellectual handicap, change enabling them to live more normal lives in the wider community. Closure of the country's special schools and psychopaedic
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Group and oversaw a major restructuring of that Group in 1999–2000 to rationalise and improve its performance. This involved several commercial transactions which were the largest of their kind at that time. Deane also sits on the advisory board of
Pacific Road Corporate Finance.
368:. In 2006 Deane announced his resignation from these positions to provide time to pursue other interests which he had been developing for some years. In the case of Telecom, the decision to resign followed particularly the Government's decision to force Telecom to
408:
institutions facilitated this process, which also involved young people moving into normal schools and IHC buying many hundreds of houses to provide an environment as close as possible to normal living for intellectually handicapped people in regular communities.
217:, arguing for more economic liberalisation and sounder economic policies, although Deane described his personal relationship with Muldoon as "cordial" and "civil". Muldoon twice appointed a Governor to the Reserve Bank in preference to Deane.
336:
as New
Zealand's largest listed company, Deane became Chief Executive of the new entity. He held this role until his retirement on 1 October 1999, when he became the non-executive Chairman of Telecom. In the
213:
Deane worked at the
Reserve Bank of New Zealand, rapidly becoming Chief Economist, then Deputy Governor in 1982. During this period, Deane tended to clash with Prime Minister and Finance Minister
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411:
From 2000 to 2003 Deane held a personal Chair as
Professor of Economics and Management at Victoria University of Wellington, which awarded him an honorary Doctorate of Laws.
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Deane and his wife
Gillian have actively supported the arts as patrons for many years, and they currently serve as Joint Patrons of the
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161:(born 8 April 1941) is a New Zealand economist, public sector reformer, and businessman. He served as deputy governor of the
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357:
400:, the country's largest voluntary welfare organisation. The Deanes' late daughter Kristen was eventually diagnosed with
782:
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190:
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189:. He completed a Bachelor of Commerce degree with first-class honours in economics and a doctorate in economics at
236:, as well as in the fields of international economics. He led a research-team which developed New Zealand's first
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in Sydney and
Chairman of the New Zealand Seed Fund. He was Chairman of New Zealand's largest listed company,
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model and published many papers in this area. He authored and edited a range of books on monetary policy and
938:
625:
249:
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221:
162:
58:
451:
344:
Deane also served as
Chairman of ANZ National Bank from 1999 and for many years as a Director of the
279:
341:", Deane became CEO of the Year in 1994, CEO of the Decade in 1999 and later Chairman of the Year.
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In 1987 Deane became Chief
Executive of New Zealand's then-largest state-owned enterprise, the
652:
369:
252:. Deane later became the inaugural winner of the NZIER Qantas "Economist of the Year" Award.
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Foundation and functioned for many years as its chairman during the directorship of
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679:"Biography – Roderick S Deane, (PhD, B Com Hons, LLD Honorary, FCA, FCIM, FNZIM)"
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from 1974 to 1976. While at the
Reserve Bank, Deane published numerous papers on
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888:
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165:, and as CEO and chairman of the country's largest telecommunications company,
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Limited from 2001 to 31 March 2010. He had earlier served as Chairman of the
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in 1968. During his doctoral research, Deane began corresponding with future
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200:, forming a friendship that would continue throughout their careers.
197:
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876:
321:
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105:
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372:, a decision with which he said he fundamentally disagreed.
299:
777:. Auckland: New Zealand Who's Who Aotearoa. p. 119.
375:
824:
The Queen's Birthday and Diamond Jubilee Honours 2012
356:
from 2000, which encompasses what was previously the
220:
Deane served as Alternate Executive Director of the
974:
Knights Companion of the New Zealand Order of Merit
964:
Academic staff of Victoria University of Wellington
425:Knight Companion of the New Zealand Order of Merit
929:People educated at New Plymouth Boys' High School
448:2012 Queen's Birthday and Diamond Jubilee Honours
354:National Museum of New Zealand, Te Papa Tongarewa
332:In November 1992, following the privatisation of
915:
765:
591:
589:
450:, Deane was appointed a Knight Companion of the
324:succeeded Deane as State Services Commissioner.
309:In 1986–87 he was called on to investigate the
843:
725:
504:
502:
500:
498:
273:
208:
626:"Te Papa's high public appeal set to improve"
586:
290:, Deane served as the principal architect of
294:reform and corporatisation of New Zealand's
495:
473:"Distinguished Fellows – Roderick S Deane"
327:
256:Currency and constitutional crisis of 1984
45:
623:
59:Chairman of the State Services Commission
959:Victoria University of Wellington alumni
536:
508:
418:
282:, effectively the head of New Zealand's
739:"Telecom chief answers Victoria's call"
699:
380:As of 2010 Deane remains a Director of
262:New Zealand constitutional crisis, 1984
916:
509:Braddell, Richard (17 February 1999).
318:Electricity Corporation of New Zealand
511:"Hardnosed doctor hard act to follow"
477:New Zealand Association of Economists
278:In 1986 Deane became Chairman of the
537:Braddell, Richard (1 October 1999).
439:. In 2009, he was inducted into the
437:New Zealand 1990 Commemoration Medal
320:(ECNZ), often known as Electricorp.
984:21st-century New Zealand economists
949:20th-century New Zealand economists
775:Honoured by the Queen – New Zealand
624:Small, Vernon; NZPA (5 July 2000).
597:"Rod Deane takes over at Fletchers"
470:
376:Retirement and voluntary activities
13:
979:Businesspeople awarded knighthoods
849:Roderick Deane: His Life and Times
653:"Telecom chairman Deane to retire"
539:"New CEO pushes Telecom's agility"
266:In 1984, with the election of the
14:
995:
870:
441:New Zealand Business Hall of Fame
286:. Along with Minister of Finance
191:Victoria University of Wellington
816:
791:
759:
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700:Vaughan, Gareth (3 June 2009).
435:In 1990, Deane was awarded the
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352:. He chaired the Board of the
187:New Plymouth Boys' High School
19:For the Japanese athlete, see
1:
457:
427:by the governor-general, Sir
944:New Zealand chief executives
657:The National Business Review
172:
7:
954:New Zealand public servants
896:State Services Commissioner
274:State Services Commissioner
222:International Monetary Fund
209:Reserve Bank of New Zealand
163:Reserve Bank of New Zealand
10:
1000:
847:; Bassett, Judith (2006).
837:
726:Bassett & Bassett 2006
702:"Waters to chair Fletcher"
452:New Zealand Order of Merit
414:
306:within the public sector.
259:
154:Sir Roderick Sheldon Deane
18:
902:
893:
885:
566:"Ex-Telecom chief lauded"
423:Deane's investiture as a
280:State Services Commission
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53:
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879:Roderick Deane's website
877:independenteconomics.com
339:Top 200 Corporate Awards
268:Fourth Labour government
828:The New Zealand Gazette
370:unbundle the local loop
362:City Gallery Wellington
328:Telecom Chief Executive
302:and the enhancement of
296:State-Owned Enterprises
744:The New Zealand Herald
631:The New Zealand Herald
602:The New Zealand Herald
571:The New Zealand Herald
544:The New Zealand Herald
516:The New Zealand Herald
432:
125:Roderick Sheldon Deane
803:Business Hall of Fame
422:
195:Reserve Bank Governor
16:New Zealand economist
826:" (28 June 2012) 74
681:. Woolworths Limited
358:National Art Gallery
969:People from Ōpunake
939:New Zealand bankers
771:Coddington, Deborah
181:, Deane grew up in
167:Telecom New Zealand
605:. 26 December 1999
574:. 26 November 1999
433:
390:Fletcher Challenge
250:foreign investment
32:Sir Roderick Deane
912:
911:
903:Succeeded by
862:978-0-670-04567-9
386:Fletcher Building
346:ANZ Banking Group
311:Māori Loan Affair
151:
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991:
886:Preceded by
883:
882:
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845:Bassett, Michael
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820:
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799:"Past laureates"
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479:. Archived from
471:Spencer, Grant.
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360:. He formed the
304:accountabilities
242:financial-sector
238:macroeconometric
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116:Personal details
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429:Jerry Mateparae
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246:external sector
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889:Mervyn Probine
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871:External links
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483:on 26 May 2010
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382:Woolworths Ltd
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284:public service
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260:Main article:
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215:Robert Muldoon
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853:Penguin Group
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784:0-908578-34-2
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747:. 1 July 1999
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659:. 15 May 2006
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806:. Retrieved
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749:. Retrieved
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709:. Retrieved
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683:. Retrieved
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661:. Retrieved
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635:. Retrieved
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607:. Retrieved
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520:. Retrieved
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485:. Retrieved
481:the original
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366:Paula Savage
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292:state-sector
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185:and went to
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135:8 April 1941
101:Succeeded by
66:
25:
924:1941 births
808:19 February
751:19 February
711:19 February
706:Stuff.co.nz
685:19 February
663:19 February
637:19 February
609:19 February
578:19 February
550:19 February
522:19 February
487:19 February
89:Preceded by
82:David Lange
918:Categories
900:1985–1986
458:References
300:objectives
131:1941-04-08
21:Genki Dean
431:, in 2012
350:Melbourne
198:Don Brash
173:Education
71:1985–1986
67:In office
906:Don Hunn
773:(1994).
322:Don Hunn
226:monetary
179:Auckland
177:Born in
141:Auckland
106:Don Hunn
838:Sources
446:In the
415:Honours
334:Telecom
183:Ōpunake
859:
781:
232:, and
204:Career
830:2091.
857:ISBN
810:2023
779:ISBN
753:2010
713:2010
687:2010
665:2010
639:2010
611:2010
580:2010
552:2010
524:2010
489:2010
248:and
158:KNZM
121:Born
37:KNZM
348:in
920::
855:.
851:.
801:.
769:;
741:.
704:.
655:.
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599:.
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129:(
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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